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Sachin Bansal’s fintech Navi raises first outside capital with $100M Prosus investment
The investment comes amid Navi plans to go public.
AI Summary
Indian fintech Navi, founded by Flipkart co‑founder Sachin Bansal, secured $100 million from Prosus. The investment values the Bengaluru‑based startup at roughly $1.3 billion. Navi is eight years old and this is its first institutional funding round. The company had previously attempted to raise external capital at a $2 billion valuation in 2024. The new capital marks a milestone for the firm’s growth trajectory.
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